polar vortex News

A U.S. Storm that Will Break Insurance Records – and Other February Storms, Quakes

February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become the U.S. insurance industry’s costliest winter weather peril on record, according to insurance broker Aon plc in its monthly Global …

January’s U.S. Storms, Australia Floods Bring Economic Damages Near $2B: Aon

Multiple winter storms and extreme cold led to 45 deaths and cost the U.S. economy $1 billion during January, according to Aon’s Global Catastrophe Recap – January 2019. The report listed the winter storm events in the U.S. during the …

The Polar Vortex And Climate Change

A new report outlines the numerous risks insurers face from climate change. The report from Sustainalytics, a provider of ESG (environmental, social and governance) and corporate governance products and services, shows that property/casualty insurers face two key points of exposure …

Icy Blast in Midwest Recalls 2014 ‘Polar Vortex;’ Worst to Come

An arctic blast spread painful cold across the Midwest on Friday, closing schools, opening warming centers and even intimidating ice fishermen in a taste of the even more dangerous weather expected next week. Forecasters called it a replay of the …

Study Links Severe Winter Weather in Northeastern U.S. to Arctic Temps

The frequency of extreme winter weather in the U.S. is sensitive to Arctic temperatures, and that’s something those paying weather-related losses may want to take note of. After all, you can’t spell polar vortex without the “polar.” The study (Warm …

Is Climate Change Causing Colder Weather and More Snow in Eastern U.S.?

Baby, it’s cold outside. And guess what? Climate change could make it even colder. December’s a great time to talk about climate change and global warming – it’s cold and blustery across many parts of the U.S., and there’s even …

Aon Benfield Cat Report Focuses on U.S. Snow/Ice and $1 Billion+ Losses

Impact Forecasting, Aon Benfield’s catastrophe model development team, has released the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during February 2015. Topping the list are the …

Insurers’ Winter Storm Losses to Climb Due to Polar Vortex: I.I.I.

Insured losses from winter storms in the U.S. will climb well above $2.5 billion in 2014, double the annual average over the previous two decades. The Insurance Information Institute says the polar vortex will be responsible for much of the …